144 Center StCooleemeeNC27014
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cooleemee at 144 Center St, Cooleemee, NC, 27014 listed at $114,150 pairs $882/mo rent with a $559/mo payment to leave $186/mo cash flow. Total monthly income runs $882/mo, and annual cash flow reaches $2,232/yr on $37,841 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 9.27% at a $114,150 basis. Equity gained on principal adds $737/yr, and annual property appreciation at 5% supports $31,538 by year five. Five-year ROI tracks 134.51% and total cumulative return in cash totals $50,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $882/mo property income relative to a $559/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27014, Cooleemee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 239 (54.8%) |
| Renter Occupied HU | 138 (31.7%) |
| Vacant Housing Units | 59 (13.5%) |
| Median Home Value | $117,067 |
| Average Home Value | $148,096 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
47
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Listed by: T. Kyle Swicegood • The Swicegood Group, Inc.
Mls Name: Triad MLS
Mls ID: #1204838